Accounting errors do not constitute fraud.  To prove fraud the SEC has to provide indisputable evidence that JB/JBII "knowingly" did something illegal for a specific purpose.  I happen to know for a fact that "knowingly" has not been proven anywhere.  It's an allegation until proven one way or another.

He restated the financials because he was advised their treatment of the credit was a mistake.

For you to write: "JB's actions constitutes fraud regardless of details" is completely premature until all the evidence is heard.  If it was an accounting error then there will be a fine of some sort.  If the evidence proves fraud then it will be something more.

The only thing that is for certain is when you write messages like the one above there is a certainly a crime being committed by it's not by JB or JBII.